About Tranxit
Tranxit was a Transportation, Automotive & Logistics company based in Beverly Hills (United States). It provides a white-label taxi hailing app for businesses. It operates on a B2B model. The company has 133 employees. Its Indian entity Tranxit Technology Solutions Private Limited reported revenue of ₹5.19 Cr. The company is recorded as dissolved. Its focus areas include Transportation, Mobility Services, Ride-Hailing and White Label Applications.
Company details
Tranxit provides a white-label taxi hailing app for businesses, focusing on providing transportation services, mobility services, ride-hailing, and white label applications. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Beverly Hills, United States
- Employees 133
- SectorsTransportation, Automotive & Logistics
- Website tranxit.co
- Legal Name Tranxit Technology Solutions Private Limited
- Date of Incorporation 10 Apr, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹5.19 Cr
FY 2022 · -28% YoY
- Indian entity net loss-₹1.09 Cr
FY 2022 · -21% margin
- Indian entity EBITDA-₹1.05 Cr
FY 2022 · -20% margin
- Employee Count133
Associated legal entities of Tranxit
Tranxit operates through Tranxit Technology Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tranxit Technology Solutions Private Limited CIN U72900TN2017PTC115996 | Active | 10 Apr 2017 | Chennai, Tamil Nadu | ₹5.2 Cr | 133 | 2 | View details |
Board of directors of Tranxit Technology Solutions Private Limited (Tranxit)
Tranxit Technology Solutions Private Limited is the primary company behind Tranxit. The board of Tranxit Technology Solutions Private Limited currently have 2 directors; the longest-serving is Saraswathi Elangovan, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saraswathi Elangovan DIN 02979672 | Additional Director | 18 May 2022 | 4 yrs 5 mo | Tranxit Technology Solutions Private Limited |
| Jesuraj Gnanamani DIN 09769367 | Additional Director | 28 Oct 2022 | 3 yrs 11 mo | Tranxit Technology Solutions Private Limited |
Financials of Tranxit
Figures of Tranxit Technology Solutions Private Limited, the primary company behind Tranxit, for FY 2022. Revenue was ₹5.19 Cr (-28% year on year). Net loss was -₹1.09 Cr (-21% margin). EBITDA was -₹1.05 Cr (-20% margin). Revenue has grown at a compounded annual rate of -5% over three years.
- ₹5.19 CrRevenue · FY 2022 · -28% YoY
- -₹1.09 CrNet loss · -21% margin
- -₹1.05 CrEBITDA · -20% margin
- ₹1 LakhPaid-up capital
- 133Employees (provident fund records)
- -5%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tranxit Technology Solutions Private Limited are on its company page.
Detailed financial statements for Tranxit
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Public & Shared Mobility
3 companies that operate in the same segment as Tranxit (Public & Shared Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category news is delivered via an online government platform. | 1971 | United States | ||||
Bus and passenger rail services are operated in New Jersey. | 1979 | Newark, New Jersey, United States | ||||
Dallas Area Rapid Transit is operated as a public transit provider in North Texas. | 1983 | United States |
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Frequently Asked Questions about Tranxit
Tranxit is headquartered in Beverly Hills, United States. It is registered at Beverly Hills, California, United States.
Tranxit has 133 employees.
The primary company behind Tranxit, Tranxit Technology Solutions Private Limited, reported revenue of ₹5.19 Cr for FY 2022, down 28% year on year.
Tranxit provides a white-label taxi hailing app for businesses, focusing on providing transportation services, mobility services, ride-hailing, and white label applications. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Tranxit operates through Tranxit Technology Solutions Private Limited.
The legal entities of Tranxit currently have 2 directors, including Jesuraj Gnanamani, Saraswathi Elangovan.